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Topic: Is it better to save money or invest it? - page 403. (Read 1181210 times)

hero member
Activity: 3024
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do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.

I'd rather save my bitcoin instead of investing it in online investment programs, all of those has a tendency to run when they got plenty investors... Instead of investing on those, maybe I could try investing on real life investments like buying and selling things that I sometimes use... That way I could be sure that no one will scam me and I could use those items if I want to..  Smiley
Just do whatever you feel you are comfortable with you, besides saving your bitcoin is already a form of investment if you will not spend it directly. It is the simplest form of investment as you will just wait and you bet on the future economy of bitcoin to be successful with your investment.

Well I agree with you it is better on what you are going to get good feelings its either saving or investing. And you are right with it, if you are going to hold or save bitcoin then you are also investing because the time and money you are going to use to have bitcoin is really going to be worth and a good investment at all.
hero member
Activity: 952
Merit: 500
do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.

I'd rather save my bitcoin instead of investing it in online investment programs, all of those has a tendency to run when they got plenty investors... Instead of investing on those, maybe I could try investing on real life investments like buying and selling things that I sometimes use... That way I could be sure that no one will scam me and I could use those items if I want to..  Smiley
Just do whatever you feel you are comfortable with you, besides saving your bitcoin is already a form of investment if you will not spend it directly. It is the simplest form of investment as you will just wait and you bet on the future economy of bitcoin to be successful with your investment.
hero member
Activity: 924
Merit: 1000
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do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.

I'd rather save my bitcoin instead of investing it in online investment programs, all of those has a tendency to run when they got plenty investors... Instead of investing on those, maybe I could try investing on real life investments like buying and selling things that I sometimes use... That way I could be sure that no one will scam me and I could use those items if I want to..  Smiley

That's right invest money in bitcoins but never invest bitcoins in any online site as chances of getting cheated and scammed are maximum in it, better to invest in bitcoin and hold it for the future.
global moderator
Activity: 2324
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While my guitar gently weeps!!!
do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.

I'd rather save my bitcoin instead of investing it in online investment programs, all of those has a tendency to run when they got plenty investors... Instead of investing on those, maybe I could try investing on real life investments like buying and selling things that I sometimes use... That way I could be sure that no one will scam me and I could use those items if I want to..  Smiley
hero member
Activity: 952
Merit: 500
Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money.
the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies,

Even if you find a good investment, it is wrong to put all your money in a single investment. You must diversify your investments so that you can minimize the risk. If that single investment failed, you lose everything. But if you are diversified, if one investment failed, you still have other investment. And do not focus on online investment. You can also invest on stocks or real estates.
That's true, sometimes when we can see an investment that is too good to be true we all put all our money because we wanted to be rich easy but all the time the result of investment is a scam. We need to identify the risk in investing and even if we are so confident it is not still wise to put all our money in one investment site.
sr. member
Activity: 434
Merit: 250
do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.
legendary
Activity: 2240
Merit: 1069
Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money.
the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies,

Even if you find a good investment, it is wrong to put all your money in a single investment. You must diversify your investments so that you can minimize the risk. If that single investment failed, you lose everything. But if you are diversified, if one investment failed, you still have other investment. And do not focus on online investment. You can also invest on stocks or real estates.
legendary
Activity: 1092
Merit: 1000
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I will go for investing the money.  We know that it is also good to save and the idea of investing if we have already a saving is always the idea/goal of everyone.   But according to a financial advisor, you actually do not need to save if you want to invest.  I do not know but that what he said. Grin  Because when we save, the bank usually gives us a 2.5% of interest per year.  The inflation rate is like a 3% every year.  If we save 100, by the end of a year it would grow additional 2.5%.  Your money by that time value less than 3% so we lost like .5%.  If we are into investing it usually ranges 15-20% of interest and so we beat the inflation of 3% thus giving us a much good income comparing to savings.

Wow, that's a very nice idea from that guru... Inflation is inevitable, and the ROI of your investment is the one that could save your money from it, but since not all of us trust investment programs or some don't want to open up a business and use their money because of the risk and their fear....

They are always thinking about the "failure" that might happen,  or losing it all in an instant/slowly, and that inflation rate of .5% per year on their savings in the bank looks just fine to them as long as they are still earning from other source such as their day jobs...  Smiley
As long as you earn an interest bigger than the inflation you are talking, it is still good to save money in the bank. But for people who wants to have a good future savings will not make them realize that, investing is a risky option but it would give you a good chance to be successful.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
I will go for investing the money.  We know that it is also good to save and the idea of investing if we have already a saving is always the idea/goal of everyone.   But according to a financial advisor, you actually do not need to save if you want to invest.  I do not know but that what he said. Grin  Because when we save, the bank usually gives us a 2.5% of interest per year.  The inflation rate is like a 3% every year.  If we save 100, by the end of a year it would grow additional 2.5%.  Your money by that time value less than 3% so we lost like .5%.  If we are into investing it usually ranges 15-20% of interest and so we beat the inflation of 3% thus giving us a much good income comparing to savings.

Wow, that's a very nice idea from that guru... Inflation is inevitable, and the ROI of your investment is the one that could save your money from it, but since not all of us trust investment programs or some don't want to open up a business and use their money because of the risk and their fear....

They are always thinking about the "failure" that might happen,  or losing it all in an instant/slowly, and that inflation rate of .5% per year on their savings in the bank looks just fine to them as long as they are still earning from other source such as their day jobs...  Smiley
full member
Activity: 231
Merit: 100
I will go for investing the money.  We know that it is also good to save and the idea of investing if we have already a saving is always the idea/goal of everyone.   But according to a financial advisor, you actually do not need to save if you want to invest.  I do not know but that what he said. Grin  Because when we save, the bank usually gives us a 2.5% of interest per year.  The inflation rate is like a 3% every year.  If we save 100, by the end of a year it would grow additional 2.5%.  Your money by that time value less than 3% so we lost like .5%.  If we are into investing it usually ranges 15-20% of interest and so we beat the inflation of 3% thus giving us a much good income comparing to savings.
legendary
Activity: 3150
Merit: 1148
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You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.


Put your idle money to bitcoins and buy the bitcoins as much you can and hold the bitcoin into your hardware wallet and see after 5 years that bitcoin will become double the amount for sure.

It can be even more than double after 5 years if the momentum does not change. It already have done than in less than a year. Last year the price of bitcoin is just over 250, and now it is 500+. Imagine how much more it can grow in 5 more years.

Yeah if you can afford to invest your money and wait for 5 years then I think investing in bitcoin is the best option as price will go much higher in next 5 to 10 years.

Investing in bitcoin would be also a good thing but  invest what you can afford to loose because we still dont even know what would be the price of bitcoin in future years it would rise or it would fall just two things but there are lot of investors out there have high hopes for bitcoins development in future  thats why they  buy more bitcoins as of now and holding them for a long time waiting for  the  price increase.
The information we can get now is telling that bitcoin will be a big success in the future, savings and investing can be done with both in bitcoin as for sure the money we are holding if we save it in our wallet would be a great value in the future to come.
legendary
Activity: 3122
Merit: 1140
You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.


Put your idle money to bitcoins and buy the bitcoins as much you can and hold the bitcoin into your hardware wallet and see after 5 years that bitcoin will become double the amount for sure.

It can be even more than double after 5 years if the momentum does not change. It already have done than in less than a year. Last year the price of bitcoin is just over 250, and now it is 500+. Imagine how much more it can grow in 5 more years.

Yeah if you can afford to invest your money and wait for 5 years then I think investing in bitcoin is the best option as price will go much higher in next 5 to 10 years.

Investing in bitcoin would be also a good thing but  invest what you can afford to loose because we still dont even know what would be the price of bitcoin in future years it would rise or it would fall just two things but there are lot of investors out there have high hopes for bitcoins development in future  thats why they  buy more bitcoins as of now and holding them for a long time waiting for  the  price increase.
hero member
Activity: 840
Merit: 1000
You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.


Put your idle money to bitcoins and buy the bitcoins as much you can and hold the bitcoin into your hardware wallet and see after 5 years that bitcoin will become double the amount for sure.

It can be even more than double after 5 years if the momentum does not change. It already have done than in less than a year. Last year the price of bitcoin is just over 250, and now it is 500+. Imagine how much more it can grow in 5 more years.

Yeah if you can afford to invest your money and wait for 5 years then I think investing in bitcoin is the best option as price will go much higher in next 5 to 10 years.
sr. member
Activity: 336
Merit: 250
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Save half, invest the other half.
saving only half is not a good decision, investments can make you lose money and saving can earn you because of bitcoin price growths
hero member
Activity: 1148
Merit: 504
You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.


Put your idle money to bitcoins and buy the bitcoins as much you can and hold the bitcoin into your hardware wallet and see after 5 years that bitcoin will become double the amount for sure.

It can be even more than double after 5 years if the momentum does not change. It already have done than in less than a year. Last year the price of bitcoin is just over 250, and now it is 500+. Imagine how much more it can grow in 5 more years.
sr. member
Activity: 462
Merit: 250
You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.


Put your idle money to bitcoins and buy the bitcoins as much you can and hold the bitcoin into your hardware wallet and see after 5 years that bitcoin will become double the amount for sure.
sr. member
Activity: 406
Merit: 250
You should find a balance between saving / investing money, but if you need to choose one , it's better to invest it.


Yes, if you have much money and you are not use it. I think it's better to invest it into something, so your idle money can earn profit from the investment.
hero member
Activity: 854
Merit: 502
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Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money.
the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies,
Putting your own business is actually a good investment if you cannot find a good investment out their, at least the outcome is base on your capability to run a business and I think you can have that if you will be able to succeed in your saving goal.
Yes Much safer because all your funds is at your hands and you will get profit with what you work, you just need to work hard if you want to be succeed, it's your own bussines at the first place if you will failed in it you will lose your money.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money.
the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies,
Putting your own business is actually a good investment if you cannot find a good investment out their, at least the outcome is base on your capability to run a business and I think you can have that if you will be able to succeed in your saving goal.
legendary
Activity: 840
Merit: 1000
Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money.
the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies,
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